Seohee Construction Co (XKRX:035890) Inventory Turnover : 44.71 (As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Seohee Construction Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Seohee Construction Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩294,073 Mil. Seohee Construction Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩6,578 Mil. Seohee Construction Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 44.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Seohee Construction Co's Days Inventory for the three months ended in Mar. 2024 was 2.04.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Seohee Construction Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Seohee Construction Co Inventory Turnover Historical Data

The historical data trend for Seohee Construction Co's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Seohee Construction Co Inventory Turnover Chart

Seohee Construction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

254.90

307.75

249.65

189.61

166.06

Seohee Construction Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															39.17	46.25	45.57	41.40	44.71

Seohee Construction Co Inventory Turnover Calculation

Seohee Construction Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1151554.959	/ (	(6285.421	+	7583.836)	/	2 )
=	1151554.959	/	6934.6285
=	166.06

Seohee Construction Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	294072.815	/ (	(7583.836	+	5571.679)	/	2 )
=	294072.815	/	6577.7575
=	44.71

Seohee Construction Co (XKRX:035890) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Seohee Construction Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	6577.7575	/	294072.815	*	365 / 4
	=	2.04

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Seohee Construction Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	6577.7575	/	364784.617
	=	0.02

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Seohee Construction Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Seohee Construction Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Seohee Construction Co (XKRX:035890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Seohee Construction Co Ltd (XKRX:035890) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

South Ring Road 2583, Seo-hee Towers 13 Stories, Seocho-gu, Seocho-dong, Seoul, KOR

Website

http://www.seohee.co.kr

Seohee Construction Co Ltd operates as a construction company primarily in South Korea. It primarily undertakes housing, enforcement, redevelopment, reconstruction, officetels, public apartment, civil engineering, and environment projects, as well as other private contracts. It also invests in environment conservation and environmental projects for the development of new and renewable energy.

Seohee Construction Co (XKRX:035890) Headlines

No Headlines